San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Seel Inc. is raising $17,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Cheng Peng played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Seel Inc.
Seels first commercial application is in underwriting E-commerce returns. Our underwriting engine analyzes hundreds of signals during an online shopping session, and predicts the probability of return as soon as an order is placed. This superpower of knowing which orders would be returned/refunded before they happen gives online marketplaces and independent brands new ways to operate their businesses. The U.S. E-commerce is on track to its first $1T year in 2022, but Seel is much more than underwriting returns. Unlike knowledge based actuarial underwriting, deep learning and data based underwriting is versatile. Through successive cross-selling and expansion into adjacent risk underwriting, our vision is to power hundreds of unique products on a single HFLS platform.

To learn more about Seel Inc., visit http://www.seel.com/

Contact:
Cheng Peng, Chief Executive Officer
646-861-8116

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